Treasury Laws Amendment (Supporting Choice in Superannuation and Other Measures) Bill 2025

Summary

Amends the: Superannuation Guarantee (Administration) Act 1992 to streamline the choice of superannuation fund process during employee onboarding; Corporations Act 2001 to ban advertising of certain superannuation products to new employees as part of the onboarding process; Income Tax Assessment Act 1936 and Income Tax Assessment Act 1997 to provide income tax and withholding tax exemptions for World Rugby and its wholly-owned subsidiaries; International Tax Agreements Act 1953 to give legislative authority to the Convention between Australia and the Portuguese Republic for the elimination of double taxation with respect to taxes on income and the prevention of tax evasion and avoidance; Income Tax Assessment Act 1997 to update the list of deductible gift recipients; and A New Tax System (Wine Equalisation Tax) Act 1999 to increase the maximum amount of wine equalisation tax producer rebate claimable by eligible wine producers to $400,000 each financial year.